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Snezhnost [94]
3 years ago
10

What is the rate of return when 30 shares of Stock

Business
1 answer:
sattari [20]3 years ago
6 0

Answer:

-0.67%

Explanation:

We are told that 30 shares of Stock are purchased for $30/share..

This gives a total value of: 30 × 30 = $900.

Now,they are sold for $900 with a commission of $6. This means the final money getting to the seller is; 900 - 6 = $894.

Thus; rate of return percentage = (894 - 900)/894) × 100% = -0.67%

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When there are differences between the cash balance per bank and the cash balance per books, this is due to:____.
QveST [7]

When there are differences between the cash balance per bank and the cash balance per book, this is due to the Bank reconciliation statement.

The key difference between cash book balance and bank statement balance is that cash book balance shows the cash balance recorded in a company's cash book while bank statement balance is the cash balance recorded by the bank in its bank records. is.

Such fees and charges are charged to the savings cash balance book, but no entry is made in the cash book unless the company receives the savings book from the bank and records these entries. This creates a difference between the two balances.

Learn more about cash balance at

brainly.com/question/24979735

#SPJ4

6 0
2 years ago
Finding out how a product or service will do in a certain market is an example of this use of market research: identify if commu
Veseljchak [2.6K]

Answer:

identify value

Explanation:

Finding out how a product or service will do in a certain market is an example of this "IDENTIFY VALUE" market research. This will help the producers understand and know what the consumers want and the degree of value they placed on their products.

identify if communications are effective is used determine who the consumers are and the type of media preferred.

identify if consumer needs are being met is used to determine what customers like or dislike about a product or service.

identify threats and investigate the competition is used to determine changes in consumer preferences and competition

8 0
3 years ago
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $20 billion in year 2, a budget deficit
klemol [59]

Answer:

1) this country's public debt = $42 billion

2) incomplete question

Explanation:

A budget deficit is the difference between a country's income and its expenditures, a deficit occurs when expenditures are larger than revenues. The public debt would be the accumulation of all the country's budget deficits or surpluses.

public debt = -$20 - $30 + $10 - $2 = -$42 billion

6 0
3 years ago
the length and Length breadth and height of a room in a house are 8m 6m and 4m respectively the house on a decides to paint the
trasher [3.6K]

Answer:

Cost\ of\ 112m^2 = 4.48

Explanation:

Given

<u>Dimension</u>

Length= 8m

Breadth = 6m

Height = 4m

Cost per m^2 = 0.04

Required

Determine the total cost to paint 4 walls

First, we need to calculate the area of the 4 walls.

Area = 2*(Length * Height) + 2 *(Breadth * Height)

Substitute values for Length, Breadth and Height

Area = 2*(8m* 4m) + 2 *(6m* 4m)

Area = 2*(32m^2) + 2 *(24m^2)

Area = 64m^2 + 48m^2

Area = 112m^2

Cost per m^2 = 0.04.

Cost\ of\ 112m^2 = 112 * 0.04

Cost\ of\ 112m^2 = 4.48

8 0
3 years ago
Morgan Clinical Practice is considering an investment in new imaging equipment that will cost $400,000. The equipment is expecte
Ainat [17]

Answer:

$33,091.95

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be found using a financial calculator:

Cash flow in year 0 = $400,000

Cash flow each year from year 1 to 5 =$80,000

Cash flow in year 6 = $80,000 + $150,000 = $230,000

I = 10%

NPV = $33,091.95

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0
3 years ago
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